Tesla begin building their new China factory in electric vehicle gamble

What is happening: Construction has begun on Tesla’s new factory in China, as they look to open the first foreign-owned car plant in the country.

Rules: Recent rule changes in China now allow foreign companies to own their business within the country. Before, they would have to work with Chinese partners.

Scaling: Tesla are attempting to scale up their production. Part of this revolves around the popularity of electric vehicles in China. They will be hoping to gain a big foothold in this ready-made market.

Future: If this gamble turns out to be a success, other companies and operations are sure to follow.